Toys ‘R’ Us on brink of UK high street comeback with stores set to open four years after collapse

dailyrecord.co.uk:

Kids favourite Toys ‘R’ Us is on the brink of making a comeback to the high street in 2022 after plans revealed a revival is on the cards.

The toy shop collapsed in 2018 and shut every one of the 100 UK stores, however, owner WHP Global has lined up a fresh deal with the Australian Toys ‘R’ Us to relaunch in the UK.

It is anticipated that online sales will start in the new few months and will begin from Australia. From next year the UK group will establish itself with teams, offices and logistics, before it marks it’s “physical return” as well as online retail.

Toys ‘R’ Us launched in the UK in 1985, but in 2017 the US parent company filed for bankruptcy after debts reached more than £3.5billion.